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Author Question: In describing the economic setting in the real goods market, which of the following economic ... (Read 29 times)

nenivikky

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on: Jun 30, 2018
In describing the economic setting in the real goods market, which of the following economic measures is the most helpful?
 a. Current unemployment rate and labor force participation rate
  b. Annual inflation rate during the past year
  c. Current real exchange rate
  d. Percentage change in nominal GDP during the past year
  e. Current nominal exchange rate

Question 2

Pick the economic variable that is countercyclical.
 a. Investment
  b. Government transfer payments
  c. Prices
  d. Consumption
  e. Nominal interest rates


bfulkerson77

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Reply #1 on: Jun 30, 2018
Answer to Question 1

.A

Answer to Question 2

.B


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nenivikky

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Reply #2 on: Jun 30, 2018
Correct answers!


bfulkerson77

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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